FDIC Certificate #: 34762 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Community Bank of Nevada (#34043) Federal Reserve ID: 2737038 Date Established: October 08, 1998 WWW:http://www.vbnv.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 6 (Interstate: No) FDIC's unique #: 61534 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: October 08, 1998 Last Structure Change Effective Date: October 14, 2006 Last Structure Change Process Date: October 20, 2006 Last Data Update: October 20, 2006 Data Source Date: April 05, 2012
Location
Address: 1300 S. Jones Blvd., Las Vegas, NV 89146 County: Clark Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Phoenix Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Las Vegas, NV-AZ (#4120) Combined Statistical Area (CSA): Las Vegas-Paradise-Pahrump, NV (#332) Core Based Statistical Area (CBSA): Las Vegas-Paradise, NV (#29820) CBSA Metro Statistical Area: Las Vegas-Paradise, NV (#29820)
Financial Summary
Total assets: $406.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2005)
Dollar figures in thousands
62Total employees (full-time equivalent)
$389,595Total assets
$13,499Cash and due from depository institutions
$7,691Interest-bearing balances
$35,858Securities
$30,575Federal funds sold & reverse repurchase agreements
$299,264Net loans & leases
$3,022Loan loss allowance
$0Trading account assets
$7,248Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$3,151All other assets
$389,595Total liabilities and capital
$349,786Total liabilities
$332,640Total deposits
$286,406Interest-bearing deposits
$332,640Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$15,425Other borrowed funds
$0Subordinated debt
$1,721All other liabilities
$39,809Total equity capital
$39,809Total bank equity capital
$39,809Perpetual preferred stock
$0Common stock
$1,038Surplus
$28,750Undivided profits
Memoranda
$10,021Noncurrent loans and leases
$83,109Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$165Earning assets
$0Long-term assets (5+ years)
$1,554Average Assets, year-to-date
$373,388Average Assets, quarterly
$26,316Volatile liabilities
$335,181Insider loans
$380,605FHLB advances
$86,637Loans and leases held for sale
$2,359Unused loan commitments
$15,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$83,109Total unused commitments
$0Restructured Loans and leases
$3,108Derivatives
Income and Expense (December 31, 2005)
Dollar figures in thousands
$22,866Total interest income
$6,609Total interest expense
$16,257Net interest income
$777Provision for loan and lease losses
$262Total noninterest income
$0Fiduciary activities
$191Service charges on deposit accounts
$0Trading account gains & fees
$71Additional noninterest income
$6,637Total noninterest expense
$3,587Salaries and employee benefits
$766Premises and equipment expense
$2,284Additional noninterest expense
$9,105Pre-tax net operating income
$0Securities gains (losses)
$3,103Applicable income taxes
$6,002Income before extraordinary items
$0Extraordinary gains - net
$6,002Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$139Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2005)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.14%Yield on earning assets
2.06%Cost of funding earning assets
5.07%Net interest margin
0.08%Noninterest income to earning assets
2.07%Noninterest expense to earning assets
1.79%Net operating income to assets
1.79%Return on assets (ROA)
2.72%Pretax return on assets
16.31%Return on equity (ROE)
16.31%Retained earnings to average equity (YTD only)
-0.06%Net charge-offs to loans
-558.99%Credit loss provision to net charge-offs
0.00%Efficiency ratio
40,178Assets per employee
6.28%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.00%Loss allowance to noncurrent loans
1831.52%Noncurrent assets plus other real estate owned to assets
0.04%Noncurrent loans to loans
0.05%Net loans and leases to deposits
89.97%Net loans and leases to core deposits
121.65%Equity capital to assets
10.22%Core capital (leverage) ratio
10.52%Tier 1 risk-based capital ratio
11.91%Total risk-based capital ratio
Memoranda
$13Average assets
$335,181Average earning assets
$36,801Average equity
$320,361Average loans
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